Wyre To Shut Down As Crypto Winter Claims Another Casualty

San Francisco-based crypto payments firm Wyre has announced that it has begun the process of winding down its operations. It also noted that interested parties could begin inquiries about purchasing the firm’s assets.  The firm cited challenges arising from the prolonged bear market and not due to the regulatory conditions prevailing in the US markets.  […]

Russia to Trial Digital Asset Settlements in Foreign Trade

Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while such settlements will not be permitted inside Russia. Russian Government Backs Initiative to Test Digital Assets in Payments Abroad The […]

Crypto Vs SEC: Coinbase Takes the SEC to Task, Demands More Clarity on Rulemaking Petition

The post Crypto Vs SEC: Coinbase Takes the SEC to Task, Demands More Clarity on Rulemaking Petition appeared first on Coinpedia Fintech News Coinbase, the leading cryptocurrency platform, has urged a federal court to expedite their mandamus petition amidst rising tensions with the U.S. Securities and Exchange Commission (SEC). Coinbase’s Chief Legal Officer, Paul Grewal, […]

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